Gross fixed capital formation, Private sector, Current … Domestic in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross fixed capital formation, Private sector, Current … Domestic was 27,344 in 2016. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Lao People's Democratic Republic, 1970–2016
Source: International Monetary Fund.
Analysis
In 2016, gross fixed capital formation, private sector, current prices in Lao People's Democratic Republic stood at 27,344. That is the highest value across all 47 years on record.
The figure is up 264.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Lao People's Democratic Republic peaked at 27,344 in 2016 and was at its lowest, 0.0085, in 1970.
Lao People's Democratic Republic ranks 14th of 174 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Current … Domestic in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.0085 | — |
| 1971 | 0.0091 | +6.3% |
| 1972 | 0.0118 | +29.4% |
| 1973 | 0.0168 | +42.9% |
| 1974 | 0.026 | +55.1% |
| 1975 | 0.0359 | +37.9% |
| 1976 | 0.0408 | +13.6% |
| 1977 | 0.0765 | +87.4% |
| 1978 | 0.0863 | +12.9% |
| 1979 | 0.0843 | -2.4% |
| 1980 | 0.2649 | +214.2% |
| 1981 | 0.2997 | +13.1% |
| 1982 | 0.5702 | +90.3% |
| 1983 | 1.19 | +108.0% |
| 1984 | 1.21 | +1.7% |
| 1985 | 3.98 | +230.5% |
| 1986 | 5.78 | +44.9% |
| 1987 | 10.99 | +90.3% |
| 1988 | 20.69 | +88.3% |
| 1989 | 51.5 | +148.9% |
| 1990 | 69.19 | +34.3% |
| 1991 | 80.83 | +16.8% |
| 1992 | 92.4 | +14.3% |
| 1993 | 104.85 | +13.5% |
| 1994 | 126.68 | +20.8% |
| 1995 | 160.59 | +26.8% |
| 1996 | 209.97 | +30.8% |
| 1997 | 251.97 | +20.0% |
| 1998 | 447.44 | +77.6% |
| 1999 | 1,298 | +190.1% |
| 2000 | 926.76 | -28.6% |
| 2001 | 1,143 | +23.4% |
| 2002 | 4,193 | +266.7% |
| 2003 | 4,751 | +13.3% |
| 2004 | 6,561 | +38.1% |
| 2005 | 8,052 | +22.7% |
| 2006 | 7,495 | -6.9% |
| 2007 | 9,410 | +25.5% |
| 2008 | 10,382 | +10.3% |
| 2009 | 11,453 | +10.3% |
| 2010 | 10,427 | -9.0% |
| 2011 | 13,674 | +31.1% |
| 2012 | 16,810 | +22.9% |
| 2013 | 18,769 | +11.7% |
| 2014 | 22,135 | +17.9% |
| 2015 | 27,337 | +23.5% |
| 2016 | 27,344 | +0.0% |
Lao People's Democratic Republic compared with similar countries
- Lao People's Democratic Republic's 27,344 is above the median for lower middle income countries, which is 506.27, 54.0× the median. (41 countries reporting)
- Lao People's Democratic Republic's 27,344 is above the median for East Asia & Pacific, which is 3,401, 8.0× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current … Domestic in Lao People's Democratic Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +266.7% | 1,143 | 4,193 |
| 1985 | +230.5% | 1.21 | 3.98 |
| 1980 | +214.2% | 0.0843 | 0.2649 |
| 1999 | +190.1% | 447.44 | 1,298 |
| 1989 | +148.9% | 20.69 | 51.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0396 | 0.0085 | 0.0863 | 10 |
| 1980s | 9.65 | 0.2649 | 51.5 | 10 |
| 1990s | 284.2 | 69.19 | 1,298 | 10 |
| 2000s | 6,437 | 926.76 | 11,453 | 10 |
| 2010s | 19,499 | 10,427 | 27,344 | 7 |
Countries ranked near Lao People's Democratic Republic
More economy & growth data for Lao People's Democratic Republic
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 60.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.21 units per person (2025)
- SDRs holdings, SDR, annual growth rate 52.95 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Lao People's Democratic Republic?
- Gross fixed capital formation, private sector, current prices in Lao People's Democratic Republic was 27,344 in 2016, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Lao People's Democratic Republic?
- The highest recorded value was 27,344 in 2016.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0085 in 1970.
- How does Lao People's Democratic Republic rank for gross fixed capital formation, private sector, current prices?
- Lao People's Democratic Republic ranks 14th out of 174 countries with data for 2016.
- Is gross fixed capital formation, private sector, current prices rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 264.8%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.